Diaper dispute disposed of: A Japanese company...

CHICAGO TRIBUNE

Diaper dispute disposed of: A Japanese company has agreed to make payments to Procter & Gamble Co. as part of an agreement to resolve a dispute over patents for disposable diaper products. Neither Kao Corp., based in Tokyo, nor Procter & Gamble would disclose the amount of the payments or other specific details of the agreement. The deal provides for Kao to make a series of payments to P&G to correct an imbalance between the value of patent rights held by the companies.